Engaging in dangerous acts for the soul reason of consuming a salty, wheat-based cracker. Also slang for taking extreme risks for little reward.
Running in front of an oncoming freight train just to get a quarter on the other side of the tracks. "Dude, there's a train coming what are you doing?" Response: "I'm gonna risk it for the triscuit!"
Also, "They're out of Cheez-its! I'm gonna risk it for the triscuit."
Fred: What were you doing at that old woman's house yesterday?
Peter: I was Basting the Turkey, so I could plow her.
Carol: Was that strapping young man helping you carry groceries yesterday?
Maude: Because I was so dry, that young man was basting me like a turkey, so he could plow me.